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Mar 18, 2013
03/13
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frantically looking to rejigger the tax. i stress, not eliminating the tax. maybe focus on the rich. take 20% of their dough. hard to say. this much is not. it is going to happen. because the government needs the dough. if they still want to get european union dough. it gets weird and complicated. desperate to stay in the euro club. does this ring a bell? it should. no one is taxing the bank holdings, thanks to obamacare, they are going after the other assets. 3.7% on investment sales larger than 100,000 grand. the next time you try to sell your house, trust me. you will hit the roof. think about that. tax not on your income, earned or unearned but your assets. what you have, what you own. your tangible assets. home here, bank account there. is there difference? no. no difference between american government taxing you for medical devices and what it deems as a medical insurance plan. taxing you not on what you make but what you have. the stuff you attain through life of work no, matter when you work or how much you made when you work. stuff you got now. to go
frantically looking to rejigger the tax. i stress, not eliminating the tax. maybe focus on the rich. take 20% of their dough. hard to say. this much is not. it is going to happen. because the government needs the dough. if they still want to get european union dough. it gets weird and complicated. desperate to stay in the euro club. does this ring a bell? it should. no one is taxing the bank holdings, thanks to obamacare, they are going after the other assets. 3.7% on investment sales larger...
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Mar 19, 2013
03/13
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CNNW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> new claims tonight the sandy hook gunman adam lanza had a well research plan of attack, going so far as to create a spreadsheet of other murderers, a shocking seven feet long and four feet wide. that report comes from the "new york daily news." cnn has not confirmed all the details. violent video games may have played a larger role than previously believed. joining me by skype is a psychologist with the institute who worked on the unabomber case. welcome back to you, doctor. really quite shocking details in this "new york daily news" report. about the length and the time and the preparation that adam lanza had been apparently planning this hideous atrocity at sandy hook. what did y
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> new claims tonight the sandy hook gunman adam lanza had a well research plan of attack, going so far as to create a spreadsheet of other murderers, a...
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Mar 21, 2013
03/13
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frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on the dueling plans and a whole series of amendments tomorrow. democrats say they favor a balanceed approach and republicans say they back a budget. >> bret: mike emanuel live on the hill. dow lost 90. s&p 500 dropped 13. the nasdaq fell 32. cyprus is officially on the clock. european bankers have given cyprus four days to come up with a new plan to avoid bankruptcy. senior foreign affairs greg palkot tells us what the hurry is. >> anger outside of the cyprus parliament. bank employees are worried they will lose their job. the both would take measure to consolidate the troubled cypriot financial failure to protect the smaller deposito depositors, said to be part of plan "b" to contribute to multibillion dollar bail out by the country. >> there is only one tactic. to save our economy and our country. >> the original plan for cyprus to tap in privat
frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on the dueling plans and a whole series of amendments tomorrow. democrats say they favor a balanceed approach and republicans say they back a budget. >> bret: mike emanuel live on the hill. dow lost 90. s&p 500 dropped 13. the nasdaq fell 32. cyprus is officially on the clock. european...
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Mar 14, 2013
03/13
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the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but both sides okay with the spending and both sides -- democrats-saying something about taxes. but there's $100 billion in there for a new stimulus plan, which i don't know how well that's going to fly. and then ryan keeping in the notion of appealing obamacare has to -- >> move on. >> that's not going to work at least for the next four years. so you keep it in there, maybe it's something you give up during negotiations. i think people watching the show should feel more hopeful, but to your point, the chasm, we're so far away from a deal, something i wouldn't bet on. >> neil: democrats claim their budget will sl
the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but...
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Mar 19, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things that matter. gotcha. that's powerful. verizon. martha: we are following a very disturbing breaking news development out of syria this morning. and we are going to bring you all of the latest on that today. we also want to tell you about a very tragic event that happened today in hawthorne, nevada. it was a deadly explosion that happened during a training exercise. this is new information that we're getting on this. it happened at an army ammunition depot in western nevada, sadly, tragically, seven u.s. marines lost their
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things...
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Mar 19, 2013
03/13
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CNBC
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or no tax. so they may have avoided imposing that 10% tax, but it certainly doesn't shore up any confidence in keeping your money in banks there. bill? >> all right. bertha, thank you very much. >> that's what it's all about. >> that is the key, right there. let's talk about it in today's "closing bell" exchange. steven hammers out there in the ether somewhere. it's randy batsman here next to me and our own rick santelli. rick, we're all getting a civics lesson on cyprus, that little tiny island in the eastern mediterranean. should in this matter with you putting a portfolio together here in the united states? >> oh, absolutely. have you noticed that the european central figures are a bit like the lemmings. every few quarters, they decide to take their launch off the cliff. and this time, i can't imagine who thought this was a good idea. i mean, if you look at cyprus' economy, there are two major factors to that economy. tourism and financial services. you could kill the financial services immed
or no tax. so they may have avoided imposing that 10% tax, but it certainly doesn't shore up any confidence in keeping your money in banks there. bill? >> all right. bertha, thank you very much. >> that's what it's all about. >> that is the key, right there. let's talk about it in today's "closing bell" exchange. steven hammers out there in the ether somewhere. it's randy batsman here next to me and our own rick santelli. rick, we're all getting a civics lesson on...
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Mar 19, 2013
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this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped off. if you undermine the whole idea of savings, we already have a nationy we're not saving enough for retirement. all we need to do is undermine our financial system as well and it's just disaster on the way. >> neil: i'm not happy. if you don't watch fox business, she's going to come with her best-selling book and force you to read it. >> a fox news alert. the white house easter egg roll is not at risk. why there is an excess warning we're all about to get scrambled most people think that after an accident, you'll have to pay five hundred bucks for your d
this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped...
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Mar 15, 2013
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remember the payroll tax hike and higher taxes on investment income? the financial hit, $317 billion. cadillac tax on high cost insurance plans, another $111 billion for that one. a mandate that employers provide health care or pay a fee, tax on that $106 billion. annual tax on health insurance providers, $102 billion. then there is the individual mandate, $55 billion for that one. we're not done. tax on medical device makers, $29 billion. the list goes on and on. more than 20 new taxes and fees totaling a trillion bucks. that is doubling the estimate just a few years ago. folks, it ain't over. it could send employers over the edge. the real shocker, i talked to a lot of accountants of companies -- they didn't know about this. it's like peeling that onion. >> right. you saw the stack of papers, 20,000 pages of obamacare regulations, it's seven feet, three inches tall, nine inches call of kobe bryant. 66 dollar per person fee. employers are looking at this. it came out this week so it's not something they carefully prepared for. this being more than any
remember the payroll tax hike and higher taxes on investment income? the financial hit, $317 billion. cadillac tax on high cost insurance plans, another $111 billion for that one. a mandate that employers provide health care or pay a fee, tax on that $106 billion. annual tax on health insurance providers, $102 billion. then there is the individual mandate, $55 billion for that one. we're not done. tax on medical device makers, $29 billion. the list goes on and on. more than 20 new taxes and...
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Mar 18, 2013
03/13
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FBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inclus possible loss of principal. ...amea... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. that was the only thing left of the house. the only thing. red cross helped us and t
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inclus possible loss of principal. ...amea... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta...
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Mar 20, 2013
03/13
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it's the right thing to do. >> neil: we raised taxes. >> i didn't say raise taxes, i said close loopholes. republicans call closing loopholes raising taxes because it's the rich that have unfair practice. >> neil: have you filled out your brackets? yes or no. have you filled out your brackets? >> no, i haven't done that. i'm going to leave that to the president. he may be late on that too. >> neil: i'm sorry. thank you very much. >> thank you, neil. >> neil: do you remember this? an interview i said senator paul and senator cruz were whacko birds. that's inappropriate and i apologize to them for saying that. >> neil: after that, senator cruz accepted that apology. is senator rand paul about to do the same? and as nevada mourns the death of seven marines, did their senator blame the sequester? meet the military commander telling harry to say i'm sorry. [ male announcer ] it's relobster's lobsterfest our largest selection of lobster erees, like lobster lover's dream or new grilledobster and lobster tacos. come in now and sea food differently. visit redlobster.com now for an exclusive $10 co
it's the right thing to do. >> neil: we raised taxes. >> i didn't say raise taxes, i said close loopholes. republicans call closing loopholes raising taxes because it's the rich that have unfair practice. >> neil: have you filled out your brackets? yes or no. have you filled out your brackets? >> no, i haven't done that. i'm going to leave that to the president. he may be late on that too. >> neil: i'm sorry. thank you very much. >> thank you, neil. >>...
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Mar 13, 2013
03/13
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romney took seven points off the top tax rate. paul ryans takes about 15 points, so twice as heavy a lift. can i make one point? >> begin the colloquy. >> i'm a little surprised to see you without a body guard today, because ezra wrote in his piece this morning that our deficits right now are too small. now, i happen to agree with that, but that's heresy in d.c. where you are right now. i'd love to hear you say a few words about why the deficits are too small right now. >> yeah, look action this goes through this idea that deficits are moral. no they're a tool. businesses often go into debt to make -- and this is the opportunity the world gives us. we worry pretty much about one thing with the deficit. if they're too high, interest rates will go up. definite constituents are bad because of what they primarily do to interest rates. right now interest rates on government debt, completely completely historical fashion are negative after the count for inflation. the world is so desperate to put their money somewhere. that is an amazin
romney took seven points off the top tax rate. paul ryans takes about 15 points, so twice as heavy a lift. can i make one point? >> begin the colloquy. >> i'm a little surprised to see you without a body guard today, because ezra wrote in his piece this morning that our deficits right now are too small. now, i happen to agree with that, but that's heresy in d.c. where you are right now. i'd love to hear you say a few words about why the deficits are too small right now. >>...
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Mar 13, 2013
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and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? you have a sailboat. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by
and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card...
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Mar 21, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to kick in a week from today. republican governor rick snyder is here. governor, good to see you. i was mentioning during the break whether when you see yourself portrayed as satan or the devil. >> it's great to be with you. i feel it's part of democracy. it was hired to do a job by my customers, the citizens of the state of michigan, and i'm doing the right thing. it's about workers rights and it's about bringing more jobs to michigan. so i'm just going to do my job. >> neil: we were talking about the possibility of an errant judge
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to...
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Mar 15, 2013
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why can't we allow the american public paying the taxes to earmark bulk of their taxes to things they want. if they want the white house press tours. if they want enhanced military. if they want the social programs. you know what will happen? all the things that matt her get supported. the military, police, roads. all the little fluffy stuff will disappear. >> dana: no more solyndra. >> bob: sorry, go ahead. >> eric: one question. "washington post," editorial page, reopen the white house doors, calling it bureaucratic hostage-taking. that is a week later. >> dana: yeah. that is why they could have stopped this from the beginning. i had a good point earlier i said in green room. if you throw the secret service under the bus, why not do it two weeks ago on the night when they announce that the white house tours would be closed? if you throw them under the bus you could have said whoa, secret service. you can't close the white house tours. we will figure this out. the white house will save the day. blame the secret service on that end. instead, they made everybody look bad. >> bob: the s
why can't we allow the american public paying the taxes to earmark bulk of their taxes to things they want. if they want the white house press tours. if they want enhanced military. if they want the social programs. you know what will happen? all the things that matt her get supported. the military, police, roads. all the little fluffy stuff will disappear. >> dana: no more solyndra. >> bob: sorry, go ahead. >> eric: one question. "washington post," editorial page,...
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Mar 13, 2013
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patry ryan says there is a democrat that deals with the tax increases. president obama was one that -- in fact, every time he tries to propose a budget, it fails in the senate with zero -- >> dana: this is the first time in 92 years the congress moved forward ahead to the president. >> bob: what are the $7 trillion in cuts? >> you can watch paul ryan on "hannity" tonight. >> eric: he talks about hitting entitlement spending. he is very aggressive the things that maybe some of the other people in the house might not like. >> andrea: this is by design. he looks moderated today. you the progressives on the left, hammering him on the chain cpi. he looks presidential, finally, five years late going to work on the hill he is pulling a clinton. like he is triangulating. he knows the progressives have nowhere else to go. this is good. the left wing, after me, i moved to the middle, though we know he has not. >> dana: one group is not happy. congressional black caucus said to president obama they are unsatisfied with the number of african-americans who have been
patry ryan says there is a democrat that deals with the tax increases. president obama was one that -- in fact, every time he tries to propose a budget, it fails in the senate with zero -- >> dana: this is the first time in 92 years the congress moved forward ahead to the president. >> bob: what are the $7 trillion in cuts? >> you can watch paul ryan on "hannity" tonight. >> eric: he talks about hitting entitlement spending. he is very aggressive the things...
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Mar 14, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. license and registration please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.. fix it. just a click away with the. geico mobile app. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets...
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Mar 20, 2013
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. >> looking forward to your tax refund? so are identity thieves. they can steal your refund. happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> your identity needs protection. no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> now, remember when rudy giuliani was marco rubio? remember when he was the savior of the republican party? remember when he was going to be swept into the presidency in 2008 by linking every single campaign issue to 9/11? that was actually the same year that fred thompson was briefly the savior of the republican party, until he opened his mouth in a presidential debate, and without that reverse mortgage teleprompter was as slow and lifeless as a potential party savior has ever been. it is very unlikely that republican presidential loser mitt romney will ever find himself in position that his finances are so tight that he has to go pitch reverse mortgages on tv, but paul ryan, marco
. >> looking forward to your tax refund? so are identity thieves. they can steal your refund. happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> your identity needs protection. no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> now, remember when rudy giuliani was marco rubio? remember when he was...
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Mar 19, 2013
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the breakdown below $100,000 euros will be taxed at 6.57%. above that, taxed at 9-point #%. above 500,000 euros, taxed at 15%. the wholesale robbery has caused the citizen to rush to get the money out. the response, the banks close. how can a government assume it can get away with this? because they assume they can get away with it. they can own guns but it's a bear to get them. the government wonders of the populist, what are they going to do? shoot us? in america, yes, we will shoot you. gun control advocates have fun order to believe they protect us from the government tyranny. what if the government here tried to take over your bank account? war. it would be on. cyprus proved that joe biden's notion all you need is a shotgun is deeply flawed. sadly, though, the steal from the rich mentality is alive and well in america. remember occupy wall street? how different is the solution from the ret take demands your wealth is spread around? the defense against the toxic ideology isn't only reason but almost with a rifle. so it will never happen here. you have the good sense of t
the breakdown below $100,000 euros will be taxed at 6.57%. above that, taxed at 9-point #%. above 500,000 euros, taxed at 15%. the wholesale robbery has caused the citizen to rush to get the money out. the response, the banks close. how can a government assume it can get away with this? because they assume they can get away with it. they can own guns but it's a bear to get them. the government wonders of the populist, what are they going to do? shoot us? in america, yes, we will shoot you. gun...
SFGTV: San Francisco Government Television
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Mar 18, 2013
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it wasn't going to be money taken from the hotel tax or from other business taxes. that money goes to the general fund for city services. and if they're coming back saying that money is going into their -- to making up their bottom line, you should hold firm on that as well. thank you, supervisors. >> thank you very much. next speaker, please. >>> [speaker not understood]. >> you can submit into the record. you've already spoken. thank you. any other person member of the public who would like to comment on the fund-raising effort? if you don't come forward we will close public comment on both of these hearings. public comment is now closed. now i would like to move on to the fund-raising effort side of things. i believe mike martin will provide an overview and then followed by perhaps the controller ben rosenfield accounting for the effort so far. i believe there may be a presentation about the economic impact report that as well, i'm open to hearing that. [speaker not understood] i'd like to get into as well. why don't we go ahead with mr. martin. and just before y
it wasn't going to be money taken from the hotel tax or from other business taxes. that money goes to the general fund for city services. and if they're coming back saying that money is going into their -- to making up their bottom line, you should hold firm on that as well. thank you, supervisors. >> thank you very much. next speaker, please. >>> [speaker not understood]. >> you can submit into the record. you've already spoken. thank you. any other person member of the...
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Mar 14, 2013
03/13
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there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disaster, you can't allow the sequester to happen to the sequester happened and there's the president saying well, ultimately, if we can't get a deal -- they are saying things that include the possibility there won't be a deal and the sequester will be what we live with here. >> he's saying it's not the end of the world if we don't reach a grand bargain. i had hope the sequester was something that shifted the fundamental calculus. it came and went. on the democratic side, they feel the cuts are too severe, which they are. on the republican side, there's a lot of discomfort. a lot of them are comfortable cutting the defense department. republicans with districts where
there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disaster, you can't allow the sequester to happen to the sequester happened and there's the president...
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Mar 17, 2013
03/13
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it comes out of your taxes. you helps the waltons get richer. >> that is a great point* to end on. and every video store participating. we have copies of the book. thank you for coming. [applause] >> it is not about alexandria virginia but in history when the district of columbia included parts of what is now virginia. what went wrong and why it left. one thing i wanted to do is give a sense of what life was like. firefighting worked very differently. crime worked differently, a slave -- slavery played a crucial role and politics were different this was a democratic city. so today for what they think looking back at this time period there was a political position that exist today. to give you a sense of alexandria this is where you find the original boundary marker. the other is the dueling grounds that took place between secretary of state henry clay and john randolph. the other place is the infamous slave 10 where we are headed next. we year standing in one of the hidden gems of old town alexandria. located in the basement of the northern virginia durbin they get one time the mos
it comes out of your taxes. you helps the waltons get richer. >> that is a great point* to end on. and every video store participating. we have copies of the book. thank you for coming. [applause] >> it is not about alexandria virginia but in history when the district of columbia included parts of what is now virginia. what went wrong and why it left. one thing i wanted to do is give a sense of what life was like. firefighting worked very differently. crime worked differently, a...
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tax and spenders, what a big shock. a trillion in taxes. good luck talking about that in my district. but you also, though, what feels so much better about this process now is that while they are sniping at each other, you've got them working behind the scenes and, i'll tell you, i'm tipping my hat. i've been really tough on the president, certainly over the past month or two, but i tip my hat. you know? it's not easy for any president to go up to the hill, sort of hat in hand, especially not easy for this president from what everybody said about him. he doesn't think it's his job, it's his responsibility, but he did it any way. i think we should all salute him for that. >> i hear you but i have to say the budgets aren't farther apart. for all of the happy talk of last week, what happens is you had basically both parties said, house republicans and senate democrats said we are putting our worst offers on the table. here you are. you think that we have gotten past some of the politics and we have gotten past some of the nastiness and certain
tax and spenders, what a big shock. a trillion in taxes. good luck talking about that in my district. but you also, though, what feels so much better about this process now is that while they are sniping at each other, you've got them working behind the scenes and, i'll tell you, i'm tipping my hat. i've been really tough on the president, certainly over the past month or two, but i tip my hat. you know? it's not easy for any president to go up to the hill, sort of hat in hand, especially not...
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budget i have to answer to shareholders how they don't i don't know this but you know this immigration tax. education reform i mean where do you start and where do you stop they can't get along i mean you get harry reid and boehner boehner telling here reid to f. i'm self didn't know that. although i did agree with them but it's more i don't know egos or you know to show who's right or wrong and they're not working for the people i think we should fire all these bombs throw them out and start over though the rift between parties has widened recently as regards mistrust of the federal government sentiment about congress is actually pretty uniform across party lines almost sixty percent of people declaring all different party affiliations so that they disapprove of congress and they place the blame squarely on members not the system it looks like the only bipartisan agreement coming out of the capitol these days is our collective disapproval in washington d.c. and kurdistan quist party. now we return to the subject of cyber security in general keith alexander leads the u.s. cyber command and
budget i have to answer to shareholders how they don't i don't know this but you know this immigration tax. education reform i mean where do you start and where do you stop they can't get along i mean you get harry reid and boehner boehner telling here reid to f. i'm self didn't know that. although i did agree with them but it's more i don't know egos or you know to show who's right or wrong and they're not working for the people i think we should fire all these bombs throw them out and start...
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business oers we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax s
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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he's going to cut taxes for everyone and get two tax brackets of 10 and 20%. and then medicare is going to become private subsidized health care plans for people under 55 and eliminates the federal program. if you're cutting taxes by that much, it sounds like, well, it sounds like you're cutting those other things dramatically, too. >> well, yeah, paul leaves it out in there. to me, this is a very good blueprint to go forward on. i also support tax cuts. i do think that ultimately, tax cuts do generate more revenue. i come from the jack kemp school of republican party which does believe in tax cuts. but, again, this is our plan on the table. president should come forward with his and we'll go forward from there. this is a divided government. the republican realizes that. we're going with what we feel is our best case. and it's really not challenging, but it's asking the president come forward with his. the fact that he's coming in tomorrow. we'll go over some of these issues with him. and it will be a good first step. >> you know what's kind of amazing about t
he's going to cut taxes for everyone and get two tax brackets of 10 and 20%. and then medicare is going to become private subsidized health care plans for people under 55 and eliminates the federal program. if you're cutting taxes by that much, it sounds like, well, it sounds like you're cutting those other things dramatically, too. >> well, yeah, paul leaves it out in there. to me, this is a very good blueprint to go forward on. i also support tax cuts. i do think that ultimately, tax...
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tax pains. scott from the tax foundation is going to be joining me next as we kick off a week long series on what is sure to be painful. your tax appointment. we'll be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. bottom of the hour, time for stocks now like every 15 minutes. nicole, you are watching jcpenney, stock is jumping, good news for a change for these guys. >> that's right. don't forget long term jcpenney has been under pressure the last 51 -- 52 weeks, we have -- up 9.5% at 1694 right now. a couple stories the the first is that isi is comments on jcpenney, and while they seem that they were moving forward some serious financial problems, isi had another option saying they should isolate the top 300 locations and convert them into an entity, and that is
tax pains. scott from the tax foundation is going to be joining me next as we kick off a week long series on what is sure to be painful. your tax appointment. we'll be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. bottom of the hour, time for stocks now like...
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analysts were worried about the impact of gasoline prices and increase in the payroll tax for us but consumers still spending money. important that makes up about 70% of america's economic growth. if you're looking for something new to buy samsung will be happy to oblige vowing galaxy 4, 5 inch screen, larger battery and a screen you don't have to touch but hover your fingers over. it's the main competition. >>> with markets setting new records every day and federal reserve meeting next week, what could happen next and what should you do with your money. randy kroszner, the former federal reserve governor and former professor at the university of chicago school of business. jim mccaughan. gentlemen, good to have you on the program. thanks for joining us. so much to talk about. jim, every time the dow sets a new high it's a new record. we know corporate america is strong sitting on all this cash. is this telling us the economy is stronger than we think or is this just because the federal reserve has created an environment where there just are very if you alternatives to owning u.s. st
analysts were worried about the impact of gasoline prices and increase in the payroll tax for us but consumers still spending money. important that makes up about 70% of america's economic growth. if you're looking for something new to buy samsung will be happy to oblige vowing galaxy 4, 5 inch screen, larger battery and a screen you don't have to touch but hover your fingers over. it's the main competition. >>> with markets setting new records every day and federal reserve meeting...
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if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's money and go in and tax 10 to 15% of your hard earned money and that's why we brought the resolution to the floor and i asked 30 people yesterday to co-sign it. first 23 signed and seven said send me the information. >> who are the three that need more information. do you out them? >> no, i think the-- i probably would have been one, normally if somebody asks me to sign something on the floor, send it to my staff and let me read it. >> is it bipartisan, any democrats. >> not yet, but i've talked to a few democrats, but i walked down the republican side of the peop
if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's...
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you can only tax people. on top of that for democrats to go around saying when bill mmaher to say the rich are not paying their fair share. both sides have to figure out how to moderate. >> absolutely. after the $600 billion tax increase, the rate increases on top of state and local taxes. for most people in high brackets, it's well above 50%. we are done with the tax part and it's closing the so-called tax expenditures and we will do the charitable donations for wealthy people. you have to start talking about growth. whichever side really gets serious about growth, there is one or two positive things. one is energy transformation. that is exciting and made it more competitive. the president never did anything serious about trade. right now we are on the verge of starting two major trade negotiations. one is the transpacific negotiations and the others will start a u.s.-european negotiations. this involves something like 60 or 70%. this is potentially a major energy if you can get serious about trade and help
you can only tax people. on top of that for democrats to go around saying when bill mmaher to say the rich are not paying their fair share. both sides have to figure out how to moderate. >> absolutely. after the $600 billion tax increase, the rate increases on top of state and local taxes. for most people in high brackets, it's well above 50%. we are done with the tax part and it's closing the so-called tax expenditures and we will do the charitable donations for wealthy people. you have...
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cutting the corporate income tax in half. by creating a flat, personal income tax of 17%. and cutting the regulations that are strangling american business. >> paul ryan and i can't wait. that will be the funniest and cruelest and deadliest on arrival budget proposal in washington history. i hereby invite rand paul to come on this program for the full hour on the day that he releases that budget, where he can explain it right here to the american people. >>> the 2012 republican loser, rick perry, got huge cheers today. with a swipe at mitt romney and john mccain. >> the popular media narrative -- it's that this country has shifted away from conservative ideals as evidenced by the last two presidential elections. that's what they think. that's what they said. that might be true if republicans had actually nominated conservative [ bleep ] in 2008 and 2012. might be true. >> joining me now from the cpac convention in national harbor, maryland is ana marie cox of "the guardian" and alex wagner. ana marie, you're there. so you have the floor. please, explain cpac to us. >> repo
cutting the corporate income tax in half. by creating a flat, personal income tax of 17%. and cutting the regulations that are strangling american business. >> paul ryan and i can't wait. that will be the funniest and cruelest and deadliest on arrival budget proposal in washington history. i hereby invite rand paul to come on this program for the full hour on the day that he releases that budget, where he can explain it right here to the american people. >>> the 2012 republican...
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growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> joining us now from new orleans, is democratic political strategist, james carville, the author of many books, including his latest "it's the middle class, stupid" james, it's a joy to have you on the show. thank you for joining us. i didn't have time to get into the wagner budget and the carville budget, but i wonder with the proliferation of budgets, mr. carville, do you think we're any closer to any kind of deal? >> pro
growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants...
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the taxes on cigarettes are different from the taxes on any other product. there are bans, you know, first thing he did when he came into office, he banned smoking in bars and restaurants, something that was extremely unpopular at the time. >> today, very popular. >> yesterday, mayor bloomberg talked about the comparison of what he is doing now. >> after new york city banned smoking, which we got a lot of grief about. i got a lot of one-fingered waves when i would march by bars on st. patrick's day, for example. today, march by a bar on st. patrick's day, and everybody seems to love you. and because of what new york did, i think it's fair to say, most cities in america, all of western europe, virtually all of latin america, have gone smoke free. >> he does have a point there. >> i'm probably the wrong person to talk to this about. my mother died of lung cancer after 50 years of smoking. i am probably not objective. are you making money on something that kills people, putting out for teenagers, and it could possibly kill them, as it did my mother. i'm for wha
the taxes on cigarettes are different from the taxes on any other product. there are bans, you know, first thing he did when he came into office, he banned smoking in bars and restaurants, something that was extremely unpopular at the time. >> today, very popular. >> yesterday, mayor bloomberg talked about the comparison of what he is doing now. >> after new york city banned smoking, which we got a lot of grief about. i got a lot of one-fingered waves when i would march by...
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so if you already paid taxes on income or whatever will be taxed again and taxed hard. nearly 7%. meaning you'll have an $8,700 tax levied on you. if you managed to sock away more than $100,000 euros, you'll be forced to hand over at least 13 grand. banks in cyprus are closed today and will stay closed until thursday as parliament closed on the plan. nearly all atms are closed as the people withdraw as much as they can. now there are fears bank runs elsewhere and others, imagine if it happen here. what would we do? cowboy bill says close my accounts, bye bank! share your thoughts with us and cowboy bill. up next, a sign of the time. did you know, women and girls now outperform the guys at every level of schooling? why are women still earning less? we'll explore that question and so much more. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is geared specifically to current and former military members and their families. life brings obstacles. usaa brings retirement advice. but i'm still stubbed up. [ male anno
so if you already paid taxes on income or whatever will be taxed again and taxed hard. nearly 7%. meaning you'll have an $8,700 tax levied on you. if you managed to sock away more than $100,000 euros, you'll be forced to hand over at least 13 grand. banks in cyprus are closed today and will stay closed until thursday as parliament closed on the plan. nearly all atms are closed as the people withdraw as much as they can. now there are fears bank runs elsewhere and others, imagine if it happen...
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property tax, sales tax, gas tax, state tax, city of new york tax, federal income tax, and almost everything i do in my leash time, rental cars, hotels, planes, all taxed as well. and the democrats want to add another trillion dollars in taxes? so we're quickly becoming sweden which has the highest tax rate in europe. u.s. corporate tax is already the highest in the world, already. and there is no doubt president obama wants to raise them even further. so, again, is this a sound economic policy? is this going to grow the economy in the u.s.a.? is it? finally, the president and the democratic party have failed to tell the american people exactly what programs they will cut in the future, if anymore. once again, there is no specific entitlement reform put forth by the president. this is really irresponsible. is it not? and that's the memo. now, joining us from washington fox news chief political correspondent carl cameron has been taking a look at the democratic budget and the republican budget in a hard news context. no commentary. all right? so carl is going to explain it so that even i can
property tax, sales tax, gas tax, state tax, city of new york tax, federal income tax, and almost everything i do in my leash time, rental cars, hotels, planes, all taxed as well. and the democrats want to add another trillion dollars in taxes? so we're quickly becoming sweden which has the highest tax rate in europe. u.s. corporate tax is already the highest in the world, already. and there is no doubt president obama wants to raise them even further. so, again, is this a sound economic...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can transform into rocket propelled wrecking balls. and if you got the wrong home insurance coverage, it's your bank account that might explode. so get allstate. [ dennis ] good hands. good home. make sure you have the right home protection. talk to an allstate agent. make sure you have the right home protection. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. >> sean: welcome back to hannity. time for media mash. our roundup the ways the main stream media suck up to obama. and
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can...
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it's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting go of medicare, medicaid and social security. medicaid is a premise of the affordable care act. >> even if it puts you at odds with the president? >> i'm an optimist and i truly believe the president has a real good heart and he's still willing to listen. we're against the changed cpi. but we're keeping the doors open. we want to hear what the president has to say and i always believe that he has an open mind and an open heart. but it's up to many of us. to keep the fight going. >> we are going to find out. no question about it. thanks for your time tonight. i appreciate it.
it's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting...
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so when you hollow out the base of it property tax owners and still put the property tax owners on the hook, once they have been evicted, you have a bad situation. >> dave, thanks so much for being with us. >> thank you. >>> today's tweet of the day comes from former labor secretary robert reich. federal budget not analogous to a family budget. in fact, when families budget we need to be last resort. ♪ [ laughs ] whoo. ♪ oh. nice! great! [ laughs ] a shot like that calls for a postgame celebration. [ male announcer ] share what you love with who you love. kellogg's frosted flakes. they're gr-r-eat! kellogg's frosted flakes. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. [ sneezes ] you're probably muddling through allergies. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin®
so when you hollow out the base of it property tax owners and still put the property tax owners on the hook, once they have been evicted, you have a bad situation. >> dave, thanks so much for being with us. >> thank you. >>> today's tweet of the day comes from former labor secretary robert reich. federal budget not analogous to a family budget. in fact, when families budget we need to be last resort. ♪ [ laughs ] whoo. ♪ oh. nice! great! [ laughs ] a shot like that...
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tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is presenting? now, i'd like to be optimistic, but judging by the reaction from the president himself earlier tonight, that's not going to be the case. now, listen to what he told abc's george stephanopoulos. >> paul ryan today put forward his budget and he says he's challenging you to come forward with a budget that also reaches balance. are you going to do that? >> no, my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and
tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>peter: the 115 cardinals are going to stay in rome and try to find a replacement for joy bayhar on "the view." >>alisyn: it took only two days for the 115 cardinals to make a decision on electing cardinal bergoglio now known worldwide as pope francis. >>brian: here with us to offer thoughts is carl anderson from the knights of columbus. he is live in rome. carl, what do you take from this decision? >> this is another marvelous example of what's happened so often in history in the catholic church. continuity in change, as if the cardinal electors were reading writings on charity when they voted for our new pope francis. 35 years ago the conclave gave us a new pope from poland, and he
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>peter: the 115 cardinals are going to stay in rome and try to find a replacement for joy bayhar on "the view." >>alisyn: it took only two days...
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there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster was about drones and also about much more. do we have a bill of rights? do we have a constitution? and will we defend it? [applause] >> within a few days, the president signed an extra $250 million to send to egypt. [booing] >> you know the country where mobs attacked our embassy, burned our flag, and chanted "death to america," he found an extra $250 million to reward them. i say, not one penny more to countries that are burning our flag. >> the g.o.p. of old has grown stale and moss-covered. [applause] >> i don't think we need to name any names, do we? applause. >> our party is enculpberred by an i
there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster...
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it calls for closing loopholes to raise almost $1 trillion in new tax revenue. closing loopholes on the big corporations, in many cases don't even pay taxes. republicans are already blasting the plan. they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on capitol hill tonight. it was the democrat's turn. what did they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate
it calls for closing loopholes to raise almost $1 trillion in new tax revenue. closing loopholes on the big corporations, in many cases don't even pay taxes. republicans are already blasting the plan. they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on...
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Mar 18, 2013
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the new tax on deposits, let's call it what it is, a wealth tax, has americans worrying about other tax havens. more than $20 trillion held around the world in offshore havens. their favorite tax havens are in the caribbean. namely the cayman islands, bahamas, british virgin islands. globally the channel islands, monaco, switzerland and swing pore. caribbean countries in much better financial shape and more stable legal systems than cyprus. the capital structure of some of these offshore banks remains a mystery. governments in the tiny island nations are notoriously prone to corruption and sudden policy shift. many say cyprus isn't likely to repeat soon. the crisis is another reason offshoring may become more risky for the world's wealthy. >> thank you so much, robert frank. >>> i'll talk exclusively with john thain next. >>> the potential for europe crisis to spread here. >>> later, march madness is here. should you keep your portfolio on the bench during the tournament? stay with us. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose
the new tax on deposits, let's call it what it is, a wealth tax, has americans worrying about other tax havens. more than $20 trillion held around the world in offshore havens. their favorite tax havens are in the caribbean. namely the cayman islands, bahamas, british virgin islands. globally the channel islands, monaco, switzerland and swing pore. caribbean countries in much better financial shape and more stable legal systems than cyprus. the capital structure of some of these offshore banks...
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Mar 20, 2013
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to levy a tax on regular deposits here or why not? >> well, as someone mentioned, cyprus is a tiny economy and i don't think that these issues, as worrisome as they are, and as concerned as we would be for the cypriot people, i don't think that they have a direct implications for the u.s. economy. the only way that they would create a problem would be if the runs became contagious in some sense. if depositors in other countries lost confidence. but to this point, i'm not aware of any evidence that that is, in fact, the case. the argument that the europeans are making is that cyprus is a unique situation, a very different situation, and indeed, it is quite unusual to have a banking sector as large as they have, relative to their economy. in terms of the united states. you know, the fdic was founded, i think, in 1934 and insures deposits and they're very proud of the fact that no one's ever lost a dime in insured deposits. and during the crisis, the response of the government was, in fact, to increase the level of, you know, deposit or
to levy a tax on regular deposits here or why not? >> well, as someone mentioned, cyprus is a tiny economy and i don't think that these issues, as worrisome as they are, and as concerned as we would be for the cypriot people, i don't think that they have a direct implications for the u.s. economy. the only way that they would create a problem would be if the runs became contagious in some sense. if depositors in other countries lost confidence. but to this point, i'm not aware of any...
SFGTV: San Francisco Government Television
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Mar 15, 2013
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together and been working to promote this worldwide which is going to be a benefit for our city and our tax coffers and our general budget. so, thank you for your time. >>> african diaspora maritime is in court and the new york state supreme court with an appeal, and i understand that there will be preliminary arguments in april. it's clear that kgyc, the acoc, oracle, san francisco lieutenant governor's office used inflated reports [speaker not understood] and tried to pull off the largest urban waterfront land deal in the country. i think it's about time that serious consideration be given to postponing the america's cup. larry ellison has already taken warren buffett's giving pledge to give his wealth to charity. i think that it might behoove him and others to invest in this america's cup. and allow teams that represent billion of people on the planet, whether they be blacks, hispanic, youth, women, chinese, the commonwealth, to participate and also to create many more festival-like events around the country. and these, i believe, should be funded by the group of individuals that have pr
together and been working to promote this worldwide which is going to be a benefit for our city and our tax coffers and our general budget. so, thank you for your time. >>> african diaspora maritime is in court and the new york state supreme court with an appeal, and i understand that there will be preliminary arguments in april. it's clear that kgyc, the acoc, oracle, san francisco lieutenant governor's office used inflated reports [speaker not understood] and tried to pull off the...